China’s November exports rise 21.4% but growth eases
BEIJING (AP) — China’s exports rose by double digits in November but growth declined, while imports accelerated in a sign of stronger domestic demand.
Exports rose 21.4% over a year earlier to $325.5 billion, decelerating from October’s 27.1% growth, customs data showed Tuesday. Imports surged 31.7% to $253.8 billion, up from the previous month’s 20.6% rate.
China’s exports have been boosted by foreign demand at a time when other global competitors are hampered by anti-coronavirus controls.
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